RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of RVSB
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Riverview Bancorp Inc stock price down 0.226% on Monday
(Updated on Jul 22, 2024)

Buy or Hold candidate since Jul 11, 2024 Gain 7.82% PDF

The Riverview Bancorp Inc stock price fell by -0.226% on the last day (Monday, 22nd Jul 2024) from $4.42 to $4.41. During the last trading day the stock fluctuated 4.19% from a day low at $4.30 to a day high of $4.48. The price has risen in 5 of the last 10 days and is up by 16.36% over the past 2 weeks. Volume has increased on the last day by 4 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 21 thousand shares were bought and sold for approximately $94.60 thousand.

The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $4.44 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Riverview Bancorp Inc stock with a 90% probability to be traded between $3.54 and $4.36 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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RVSB Signals & Forecast

The Riverview Bancorp Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $4.29 and $3.97. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, July 18, 2024, and so far it has fallen -0.676%. Further fall is indicated until a new bottom pivot has been found. Riverview Bancorp Inc gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Riverview Bancorp Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $3.99 and $3.80. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Riverview Bancorp Inc finds support just below today's level at $3.99. If this is broken, then the next support from accumulated volume will be at $3.80 and $3.73.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.180 between high and low, or 4.19%. For the last week, the stock has had daily average volatility of 4.75%.

Our recommended stop-loss: $4.29 (-2.67%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 25 days ago.)

Trading Expectations (RVSB) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Riverview Bancorp Inc to open at $4.40, and during the day (based on 14 day Average True Range), to move between $4.19 and $4.63, which gives a possible trading interval of +/-$0.220 (+/-4.99%) up or down from last closing price. If Riverview Bancorp Inc takes out the full calculated possible swing range there will be an estimated 9.98% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $4.43 (0.45%) than the support at $3.99 (9.52%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Earnings coming up

Riverview Bancorp Inc will release earnings BMO on Thursday, July 25, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.0600. We will update the financials statements for Riverview Bancorp Inc, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.68% in the first trading day after earnings release.

Is Riverview Bancorp Inc stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Riverview Bancorp Inc stock to perform well in the short-term period.

Current score: 1.855 Buy Candidate Unchanged

Predicted Opening Price for Riverview Bancorp Inc of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$4.40 ( 0.302%) $4.41

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for RVSB

Fibonacci Support & Resistance Levels

Level Price
R3 4.58 3.78%
R2 4.51 2.22%
R1 4.47 1.26%
Price 4.41
S1 4.33 -1.86%
S2 4.29 -2.82%
S3 4.22 -4.38%

Accumulated Volume Support & Resistance Levels

Level Price
R3 4.45 0.91%
R2 4.44 0.680%
R1 4.43 0.454%
Price 4.41
S1 3.99 -9.52%
S2 3.80 -13.83%
S3 3.73 -15.42%

RVSB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 26, 2024 Jul 10, 2024 Jul 22, 2024 $0.0200 0.454%
2 Mar 27, 2024 Apr 10, 2024 Apr 22, 2024 $0.0600 1.39%
3 Dec 20, 2023 Jan 04, 2024 Jan 16, 2024 $0.0600 1.03%
4 Oct 02, 2023 Oct 11, 2023 Oct 23, 2023 $0.0600 1.08%
5 Jun 28, 2023 Jul 10, 2023 Jul 24, 2023 $0.0600 1.08%

FAQ

What is the symbol for Riverview Bancorp Inc Stock and on which exchange is it traded?
The symbol for Riverview Bancorp Inc is RVSB and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Riverview Bancorp Inc Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Riverview Bancorp Inc stock to perform well in the short-term period.

How to buy Riverview Bancorp Inc Stock?
Riverview Bancorp Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Riverview Bancorp Inc Stock.

What's the current price of Riverview Bancorp Inc Stock?
As of the end of day on the Jul 22, 2024, the price of an Riverview Bancorp Inc (RVSB) share was $4.41.

What is the 52-week high and low for Riverview Bancorp Inc Stock?
The 52-week high for Riverview Bancorp Inc Stock is $6.56 and the 52-week low is $3.30.

What is the market capitalization of Riverview Bancorp Inc Stock?
As of the Jul 22, 2024, the market capitalization of Riverview Bancorp Inc is 93.311M.

When is the next earnings date for Riverview Bancorp Inc?
The upcoming earnings date for Riverview Bancorp Inc is Jul 25, 2024.
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About Riverview Bancorp Inc

Riverview Ban Riverview Bancorp, Inc., a bank holding company for Riverview Community Bank that provides commercial banking services to small and medium size businesses, professionals, and wealth building individuals. It offers a range of deposit products, including demand deposits, negotiable order of withdrawal accounts, money market accounts, savings accounts, certificates of deposit, and retirement savings plans. The company also provides commercial busine... RVSB Profile

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